Microvision (MVIS) Reports Q4 Loss of $0.02

Microvision (NASDAQ: MVIS) reported Q4 EPS of ($0.02), versus ($0.03) reported last year. Revenue for the quarter came in at $395 thousand versus the consensus estimate of $400 thousand.

“Over the past year we have made important progress advancing our automotive LiDAR development, bolstering our balance sheet, building the strength of our team, and adding expertise to our Board of Directors while exploring strategic alternatives,” said Sumit Sharma, MicroVision's Chief Executive Officer. “I expect that the A-Sample hardware and benchmarked data, for demonstration to interested parties, will be available in the April 2021 timeframe. I also expect that a version of our 1st generation Long Range Lidar sensor, after internal validation, reliability and compliance testing, could be available for sale, in small quantities, in the third or fourth quarter of 2021.”

For earnings history and earnings-related data on Microvision (MVIS) click here.

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